Using the Argosy University online library resources and the Internet, research the costs and benefits of companies having an effective HR department.
Discuss factors that may affect current and future performance of the chosen company
August 5, 2017Assess the key elements of Richard Branson’s leadership style and the impact that those elements have had on his business success.
August 5, 2017Using the Argosy University online library resources and the Internet, research the costs and benefits of companies having an effective HR department.
Assignment 2: Discussion—The Effective Human Resources Department
The qualities needed to make businesses competitive are changing in the global economy. Businesses must make their decisions make sense financially but also strive to balance financial goals with what is best for their employees and customers.
Using the Argosy University online library resources and the Internet, research the costs and benefits of companies having an effective HR department.
Examine the costs and benefits of a company managing the following factors:
- Absenteeism
- Training
- Productivity
- Turnover
- Employee diversity (including gender, age, race, education, experience, disability, religion, sexual orientation, or ethnicity)
Based on this information, respond to the following questions:
- What are the direct costs?
- What are the indirect costs?
- How are these elements measured?
- Are the programs instituted created voluntarily by the company or initiated for legal requirements?
- What steps are necessary to determine if managing each factor makes financial sense?
Present any applicable pr
